In what concerns sales in Cyprus, chaos prevails, as noted by the Pancyprian Organisation of Professional Craftsmen and Shopkeepers (POVEK),…
Industrial production grows by 5.4%
Annual increase of 5.4% was recorded in October by the Industrial Production Index, reaching 138.6 units (base year 2015=100), according…
Annual increase in petroleum product sales by 3.7% in November
Annual change in petroleum product sales by 3.7% was reported in November, with the good weather contributing to a partial…
Chile president praises Codelco, SQM lithium deal ensuring state control
Chile’s President Gabriel Boric hailed the formation of a new government-controlled lithium partnership that fuses assets of state-run Codelco with…
Houthi Red Sea attacks contributing to accelerated inflation rate
Inflation is expected to see a new rise due to the problems caused by Houthi rebels’ actions in the Red…
Property market trends in Cyprus for 2024
The prices of apartments and houses are not expected to decrease in 2024, and rental prices are also unlikely to…
Construction industry remains in turmoil
A year after the commencement of negotiations before the Conciliation Service of the Ministry of Labor for the renewal of…
Spain extends some anti-inflation measures into 2024
Spain on Wednesday extended a slew of measures designed to help people cope with high costs of living into 2024,…
Average gross monthly earnings see increase
A 6.2% increase is observed in the average gross monthly earnings of employees during the third quarter of 2023, estimated…
Holiday events fail to boost commerce
In a year-end assessment of the market’s performance during the festive season, President of the Cyprus Traders Association (POVEK), George…

